Why is Mewar Hi-Tech falling/rising?

As of 11-Aug, Mewar Hi-Tech Engineering Ltd's stock price is rising, currently at Rs 71.04, reflecting an increase of Rs 3.38 or 5.0%. The stock opened with a gain of 5% today and has maintained this price throughout the trading session. It has outperformed its sector by 5.42%. Over the past month, the stock has shown a positive return of 9.21%, contrasting with the Sensex, which has declined by 2.30%. However, the stock has experienced erratic trading, not trading on 3 out of the last 20 days, and there has been a significant drop in investor participation, with delivery volume falling by 73.68% against the 5-day average.
Broader Market Context: In the short term, Mewar Hi-Tech's performance is notably better than the benchmark, as it has gained 9.21% over the past month while the Sensex has decreased by 2.30%. This indicates that despite the broader market's struggles, Mewar Hi-Tech is experiencing a positive momentum. The stock's performance over the longer term also shows resilience, with a 42.08% increase over the past three years, outperforming the Sensex's 35.85% gain in the same period. However, the year-to-date return of -14.08% suggests that the stock has faced challenges earlier in the year, which may be contributing to cautious investor sentiment despite the recent uptick.